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Jakarta Post
Smoke rises at Weda Bay Industrial Park (WBIP), a major nickel processing and smelting hub, in Lelilef Sawai, Central Halmahera, North Maluku.
Smoke rises at Weda Bay Industrial Park (WBIP), a major nickel processing and smelting hub, in Lelilef Sawai, Central Halmahera, North Maluku.`
Regulations

Indonesia’s nickel at a crossroads in the EV battery race

As non-nickel EV batteries gain ground globally, the strategy of developing nickel-based batteries is reaching a critical juncture.

1 hour ago
Markets

Oil falls as Trump predicts Middle East de-escalation

Oil prices fell on Tuesday after hitting an over three-year high in the prior session as US President Donald Trump predicted the war in the Middle East could end soon, easing concerns about prolonged disruptions to global oil supplies.

2 hours ago
Markets

Iran says oil blockade will continue until attacks end, Trump threatens to hit harder

Iran's Revolutionary Guards said on Tuesday they would not allow "one liter of oil" to be shipped from the Middle East if US and Israeli attacks continue, prompting a warning from President Donald Trump that the US would hit Iran much harder if it blocked exports from the vital energy-producing region.

3 hours ago

The Latest

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Economy premium

Iran war pushes rupiah close to historic low

The currency briefly breached the psychological threshold of Rp 17,000 per US dollar on Monday morning, flirting with the historic low of Rp 17,300 registered during the Asian financial crisis of 1997 and 1998.

16 hours ago
Markets premium

IDX slides as oil shock, Fitch downgrade rattle investors

The sell-off in Jakarta mirrors a broader slide across Asian markets, where economies heavily reliant on Gulf oil shipments remain particularly sensitive to surging energy prices.  

20 hours ago
Economy premium

Danantara readies up to $1b to develop subsidized housing in Meikarta

Despite being framed as a corporate contribution to support public housing, analysts pointed out that transfers of strategic urban land to the state are rarely neutral in economic terms.

21 hours ago
Economy

Dollar surges as Middle East war sends oil above $110 a barrel

The dollar was up 0.9 percent at $1.1518 on the euro, its highest since November.

22 hours ago
Economy premium

Coal supply ‘secured’ amid production cuts, PLN says

PLN's reassurances stand in stark contrast to warnings from independent power producers, whose stockpiles have fallen to an average of 10 operating days, well below the 25-day benchmark considered ideal.

23 hours ago
tech

OpenAI strikes Pentagon deal with 'safeguards' as Trump dumps Anthropic

Trump had ordered the government to stop using Anthropic, calling it a threat to national security after it refused to agree to unconditional military use of its Claude models.

1 week ago
tech

Where AI lives: Southeast Asia's data center boom

New data centers -- warehouse-like facilities that store online files and power AI tools from chatbots to image generators -- are mushrooming worldwide, and the sector is growing particularly fast in Asia.

1 week ago
tech

AI 'arms race' risks human extinction, warns top computing expert

Tech CEOs are locked in an artificial intelligence "arms race" that risks wiping out humanity, top computer science researcher Stuart Russell told AFP on Tuesday, calling for governments to pull the brakes.

2 weeks ago
tech

Job threats, rogue bots: five hot issues in AI

As artificial intelligence evolves at a blistering pace, world leaders and thousands of other delegates will discuss how to handle the technology at the AI Impact Summit, which opens Monday in New Delhi.

2 weeks ago
tech

China’s ByteDance releases Doubao 2.0 AI model for 'agent era'

China's ByteDance has rolled out its Doubao 2.0 model, an upgrade of the country's most widely used artificial-intelligence app, the company said on Saturday.

3 weeks ago
economy

South Korea to impose fuel price cap to shield economy from energy shock

Speaking at an emergency meeting on the impact of the Middle East crisis, Lee said the government would "swiftly introduce and boldly implement" a maximum price system on petroleum products "that have recently seen excessive price increases".

1 day ago
economy

Vietnam mulls removing fuel duties as Mideast war hits supplies

The ministry of finance said Sunday it had drafted a decree that would slash import tax rates to zero on some petroleum products to "help stabilize the domestic market and ensure national energy security".

1 day ago
economy

India's economy is booming, but uneven growth clouds ascent

India is the fastest-growing major economy, but not everyone has been able to enjoy the boom times as opportunities remain uneven.

1 day ago
markets

Oil falls as Trump predicts Middle East de-escalation

Oil prices fell on Tuesday after hitting an over three-year high in the prior session as US President Donald Trump predicted the war in the Middle East could end soon, easing concerns about prolonged disruptions to global oil supplies.

2 hours ago
markets

Iran says oil blockade will continue until attacks end, Trump threatens to hit harder

Iran's Revolutionary Guards said on Tuesday they would not allow "one liter of oil" to be shipped from the Middle East if US and Israeli attacks continue, prompting a warning from President Donald Trump that the US would hit Iran much harder if it blocked exports from the vital energy-producing region.

3 hours ago
markets

Dollar jumps as Middle East war sends oil above $100 a barrel

The dollar surged on Monday as soaring oil prices sent investors scrambling for cash on worries that a protracted Middle East war could severely disrupt energy supplies and hurt global growth.

1 day ago
markets

Shares slide, oil surges on risk of lengthy Middle East conflict

Share markets slid in Asia on Monday as the inflationary pulse from surging oil prices threatened to raise living costs, and perhaps interest rates, across the globe, while an investor hunger for liquidity kept the US dollar in demand.

1 day ago
markets

US weighs oil futures market action to combat price spikes, White House says

The US Treasury Department is expected to announce measures aimed at combating rising energy prices in the wake of the Iran conflict, including potential action involving the oil futures market, a senior White House official said.

4 days ago
markets

Stocks set for tough week, oil eyes big gains as Middle East war rages

Asia stocks fell on Friday and were headed for their sharpest weekly drop in six years while oil prices were poised for their biggest jump in four years in a turbulent week for global markets as the conflict in the Middle East showed few signs of easing.

4 days ago

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